Latest posts of: upyem2k

Most of us who recently joined the forum to learn more about cryptocurrency seem to find it very difficult to earn merits on the forum. Most of us try so hard to earn merits but most time find it as mission impossible.
I just wish someone can put us through to earn merits as a number of them is required to rank up from Jr. Member rank.

As it happened around this time last year, another bull market is impending and I see this been greater than that of last year. Bitcoin price was relatively few bucks above $4,000 then and it was able to make it up to around $20,000. Now the price is above $8,000 which means it has recorded about 15% increase in its price less than two weeks.
What do you think about this?

I believe in series of cryptocurrency to cash projects that are currently developing will solve that problem. Most of them claim to be operating like a bank where you can deposit your money and take cryptocurrency or deposit your cryptocurrency for cash with ease. If all these can succeed, I see no reason for us to fear about the future of cryptocurrency.

I have seen a lots of posts here and elsewhere comparing ethereum with bitcoin. Most say ethereum will overthrow bitcoin. I just don't get how that can be possible as they don't always have a good base for their claim. And may be I do not get them because I am new to cryptocurrency trading.

After all those experiences mentioned above and one still believe, I am sure there must be a kind of positivity still holding one back to believe. Cryptocurrency trading has turned a lot of people's lives around to positive and I want to believe that is what people believe.

Investing in bitcoin is better and very much secure than investing altcoin most especially for a newbie in the cryptocurrency world. The experts and those that have more cryptocurrency knowledge know what to look into when investing into an altcoin profitability which a newbie may not know.
So, for newbie, bitcoin is better. And for those already have the knowledge, just conduct your research well before entering any altcoin investment so as not to get scammed.

You are not at late. What matters is how fast you can learn trading in the cryptocurrency community. Knowing the project to invest in and the one not to, the time to buy and sell. If you can learn fast, you will even earn bigger than those that have joined the cryptocurrency community for long.

Yes I do join the ICO, airdrops and bounties that require KYC and I Never thought that it would just be a means of gathering one's personal data. We will have to take cautions about such nowadays.

I don't think that is true. In fact, a lot of people join the cryptocurrency world on daily basis. Most especially the youth and technology-understanding elders join in multitude.

Reading the white papers or articles does not work any longer nowadays. All those articles we see online are written by bounty hunters which may and may not be true. Just research the project team to see if they could possibly be scammers. Some may also put people that are trusted as their sponsors, partners and team just to deceive people into believing their scam.

I don't see any new cryptocurrency king in the next decade except those two. Although there are some other new projects that claim to possess the technology that takes care of their lapses but I don't think they can catch up the trust that people already have in those two. I even know about a project called Multiversum (MTV) that claims it can surpass Ethereum in just a year. I am still counting down to that one year now to see how it turns out.

If I join a campaign from the start, the main thing I check after the viability of the project is the proportion for signature, the cap number of participants and duration. But if I am joining at d middle, I look into the number of people on the spreadsheet and those rejected to determine how much I can earn from the campaign. That's what I did in d Konios campaign.

Holding a coin or token for a specific period of time is cool but earning may take eternity before it seems substantial or considerable. Selling when the price is high and buy what the price is low is the best way of earning big in the cryptocurrency world. You will know when the price is considerably higher than your buying or lower than your selling price to know if to buy or sell at a certain price.

All those basis you mentioned can be enough as a yardstick when you are choosing a project to invest in. The team, project, product and some more.

Yeah the best right time was last month when the price was at the minimum since last year December. And the second best time is now that the price just started rising.

Investing in the ethereum coin has been a wise decision lately. The recent fall would make a great number of investors earn more as the price is now back on the rise. I expect it to happen like it did last year when the price went roughly high.